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crime 4w ago

Russian Citizen Sentenced to Prison for Hacking into U.S. Companies and Enabling Major Cybercrime Groups to Extort Tens of Millions of Dollars

Source: US Dept of Justice
🌲Evergreen Wire Summary

# Russian Hacker Sentenced to Prison for Facilitating Major Ransomware Attacks

A Russian citizen was sentenced to 81 months in prison on March 23, 2026, in the Southern District of Indiana for his role in enabling cybercrime groups to conduct ransomware attacks against U.S. companies. Aleksei Volkov, 26, of St. Petersburg, Russia, operated as an "initial access broker," specializing in identifying vulnerabilities in corporate networks and selling unauthorized access to other cybercriminals, including the Yanluowang ransomware group.

Volkov's criminal activity resulted in over $9 million in actual losses and $24 million in intended losses across dozens of attacks. After gaining access to networks, his co-conspirators deployed malware that encrypted victims' data and demanded ransom payments in cryptocurrency, sometimes totaling tens of millions of dollars. Volkov received a share of the ransom payments.

Italian police arrested Volkov in Rome, and he was extradited to the United States. He pleaded guilty on November 25, 2025, to six counts including trafficking in access information, computer fraud conspiracy, and money laundering conspiracy. Volkov faced charges in both the Southern District of Indiana and Eastern District of Pennsylvania, which were consolidated in the Indiana court.

Originally reported by US Dept of Justice
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